let's even things out a bit, get rid of some deductions, make the code simpler. that wouldn't be bad. >> well, tax reform would be a really great idea. there's good tax reform and there's bad tax reform. some deductions would be good to get rid of, some not so good for the economy as a whole. the idea of tax simplification, taking advantage of this scary fiscal cliff would be an idea to prod congress into simplifying the tax code. >> if i look at the list of deductions, i can't see congress agreeing to them because it's deductions for pension contributions, that's the biggest, mortgages deduction, earned incomgee tax credit, the for having children, charity.ing children, >> i don't need this to say they're notc going to give that up. >> they're not going to touch those. what they could do is put a cap on the size, the total amount of deductions someone could take, an idea that romney suggested in the campaign. i think that will be appealing certainly to the democrats and maybe to the republicans.